December 15, 2017

Crump Hires Industry Veteran to Lead Carrier Relations Efforts

Former Marsh Exec Adam Kagan Joins P&C Division

ROSELAND, N.J., Oct. 27 /PRNewswire/ — Crump Property & Casualty Insurance Services (Crump P&C), which is part of Crump Group, Inc., the nation’s largest insurance wholesaler, today announced it has hired Adam Kagan as Chief Market Relations Officer.  Mr. Kagan comes to Crump following 17 years with Marsh USA where he was Managing Director-Market Relationship Leader for several years.  In that role, Adam developed and led cross-functional efforts to ensure better management of activities, and emerging opportunities, with carrier partners.  His work involved coordinating related initiatives with risk practices, legal, compliance, finance and technology.  Previous roles at Marsh included leading Market Relationship efforts for the Global Property Practice and in Global Broking – Property.  Mr. Kagan also worked in senior management roles with Johnson & Higgins and in underwriting with Arkwright Mutual Insurance Company (now FM Global).

In his role with Crump, Mr. Kagan will be charged with working with the company’s wholesale and specialty programs leadership to assist in the development and expansion of carrier relationships.  “Our excellent carrier relationships are one of our most valuable assets as a company.  We are pleased to add Adam’s significant strengths and expertise in the carrier relations arena to our organization,” said Dave Obenauer, President of Crump P&C.  “Our strategic plan initiatives include expanding these relationships in terms of geography, product line and industry group, and Adam will bring additional focus to these efforts.  We look forward to the benefits this focus will have in strengthening partnership and collaboration with our carriers, allowing Crump to provide enhanced service and solutions to our clients.”

About Crump Insurance Services

Crump Insurance Services, Inc. (Crump P&C) is part of Crump Group, the nation’s largest insurance wholesaler.  As the property & casualty insurance division of Crump Group, it is made up of Crump wholesale brokerage locations across the U.S. and in Bermuda, Five Star Specialty Programs, Target Insurance Services and Hanleigh Insurance.  Crump P&C is a market leading independent wholesale distributor of property and casualty insurance, linking an extensive network of retail brokers and agents to products provided through relationships with over 150 leading insurance carriers.  Crump P&C offers specialty underwriting capabilities, numerous in-house binding authorities, and supports the wholesale placement of a wide range of specialized commercial insurance solutions, including customized coverage for complex P&C risks.  Crump’s experienced brokers serve as a single connection point for retail clients to access domestic and international insurance markets.  Acting as a program administrator for numerous P&C carriers, 5Star Specialty Programs and Target Insurance Services develop and provide specialty underwriting for commercial insurance programs – including transportation related risks, workers compensation solutions, professional liability, and more – matching insurance needs and market opportunities with the appropriate coverage.  Hanleigh Insurance creates, markets, and underwrites proprietary insurance products for highly compensated corporate, entertainment, and sports risks.  This includes underwriting for high limit disability, personal accident, special risk contingency, and other niche products.  Hanleigh provides solutions to some of the world’s most successful individuals and organizations. Additional information is available at www.crumpins.com, www.5starsp.com, www.target-capital.com, and www.hanleighinsurance.com.

About Crump Group, Inc.

Crump Group, Inc. (www.crump.com) is the largest wholesale insurance distributor in the United States, and through its Ascensus division (www.ascensus.com) is the largest independent U. S. provider of recordkeeping and support services to company-sponsored retirement plans in the micro to large segments of the market.  Its Property & Casualty Insurance Services division (www.crumpins.com; www.5starsp.com, hanleighinsurance.com) is among the largest U. S. providers of wholesale brokerage and specialty programs to the commercial property and casualty insurance industry.  Crump Life Insurance Services (www.crumplifeinsurance.com) is among the largest wholesale distributors of services that support the sale of life related insurance and annuity products.

SOURCE Crump Insurance Services

CONTACT: Jana Rucker, Vice President – Communications of Crump Insurance Services, +1-925-895-4919, jana.rucker@crumpins.com

Web Site: http://www.crumpins.com

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